Daniel Zhang Appointed CEO of Alibaba Group

Daniel-Zhang-Appointed-CEO-of-Alibaba-GroupDaniel Zhang, currently COO of Alibaba Group has been appointed CEO of Alibaba Group, replacing Jonathan LU, the current CEO.

Current CEO, Jonathan Lu, will work with Daniel to ensure a successful transition in the coming months. Jonathan will remain on the board of directors of Alibaba Group as vice chairman.

In this capacity Jonathan will play an important role in developing future leaders of Alibaba Group. This role is especially important as Alibaba Group continues to build the necessary talent to enable the company to grow and thrive in a rapidly changing environment.

Daniel Zhang has been with the company for eight years and has held top management positions across the organization. He is also one of the founding members of the Alibaba Partnership. Daniel has been Alibaba’s chief operating officer since September 2013. In his role as COO, Daniel oversaw the operations of all Alibaba Group businesses in China and internationally.

Daniel first joined the company as chief financial officer of Taobao Marketplace in August 2007. In 2008, he was appointed chief operating officer of Taobao Marketplace and general manager of Taobao Mall. Under Daniel’s leadership, Taobao Mall rapidly became one of Alibaba’s most important businesses and was highly recognized by consumers and brands in China and around the world.

In 2011, he was named president when it first became an independent business unit, Tmall.com, which has become one of world’s largest online B2C platforms. Daniel was also a key architect of the November 11 Shopping Festival, and led it to become the world’s largest online shopping event.

“Daniel is a proven international business leader and innovator with a strong track record of delivering results. He has the confidence of our entire management team, and there is no better person to lead Alibaba Group as we embark on the next stage of our growth on top of the strong foundation that Jonathan helped build,” said Jack Ma, Alibaba Group’s executive chairman.

“I am grateful to Jonathan Lu for his excellent leadership and management over the past several years, and I look forward to his continued contribution as a key leader in helping Alibaba Group train and develop the next generation of leaders. Alibaba Group has a strong and deep bench of talented executives who will help lead the company for the years to come. Today’s announcement reflects our commitment to continuing to develop strong leadership from within,” added Ma.

Daniel Zhang said, “I’m excited to take on this new challenge. It is an immense responsibility, and I’m grateful to every member of the Alibaba team for their commitment and dedication to excellence.”

“Over many years, I have seen just how critical Alibaba’s culture and talent are to our success, and I’m excited to take on this new role helping to develop the next generation of leaders at our company,” added Zhang.

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